Arthur J. Gallagher & Co. recently announced the acquisition of Tropp & Co., headquartered in Lake Forest, Ill. Terms of the transaction were not disclosed.
Tropp & Co. is a retail insurance broker offering risk management, commercial property, casualty and employee benefits insurance services to an international client base. They specialize in insurance products for venture capital and private equity firms; high net worth individuals; and railroad, manufacturing, aviation and construction industries. With the exception of their Mendota, Ill. operations, which will continue at their present location, all Tropp & Co. employees will relocate to Gallagher’s offices in Itasca, Ill.
Thomas J. Tropp, Daniel M. Tropp and their associates will operate under the direction of Thomas J. Gallagher, Mid-West Regional manager of Gallagher’s Brokerage Services Retail Division.
Arthur J. Gallagher & Co., an international insurance brokerage and
risk management services firm, is headquartered in Itasca, Ill.
Source: Arthur J. Gallagher & Co.
Was this article valuable?
Here are more articles you may enjoy.
State High Court Weighs in on Woman Taken for Organ Donation But Was Still Alive 
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
Three Sentenced in Bear-Suit Attacks Insurance Fraud Case 
